How to find volume of production

How to find volume of production

The correctness of calculation of volume of production provides rational scheduling of any production and also service of sale and supply. Besides, such procedure helps to estimate objectively the power of the enterprise/organization in kind and in a money equivalent.

It is required to you

  • - accounting records.

Instruction

1. Calculate monetary value of two sums – the volume of finished goods on the beginning of the reporting period and at the time of its end. For implementation of this operation borrow indicators from accounting statistical reporting which is formed the organization or the enterprise for committee of statistics of that region where it works.

2. Find in terms of money the difference of total amount of production for the reporting period and the rest of the made products. The received result will correspond to volume of production.

3. Find the volume of finished goods in physical units. It is simple to standardize similar process of calculation. For this purpose put such sizes as quantity of the turned-out finished goods, quantity of its closing balances, quantity of the sold finished goods and quantity of the remains of finished goods at the time of the beginning of the reporting period.

4. As the above-stated calculation is relative, for obtaining more exact and correct value add to proceeds from sales of the made products the difference calculated above between the total amount of production for the reporting period and the rest of the made products.

5. To receive the most exact indicator, index above the designated result for percent which reflects price changes on the products developed during the reporting period.

Author: «MirrorInfo» Dream Team


Print